The economic effects of restrictions on government budget deficits: imperfect private credit markets

DOI10.1007/S00199-002-0288-5zbMath1040.91048OpenAlexW4250501448MaRDI QIDQ1404131

Christian Ghiglino, Karl Shell

Publication date: 20 August 2003

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00199-002-0288-5

zbMATH Keywords

Overlapping generationsLump-sum taxesCredit constraintsBalanced-budget amendmentConsumption taxesGovernment budget deficit irrelevance

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

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